Summer camp isn’t just about woodland hikes and friendship bracelets. It’s also a place to learn some some valuable life lessons, like the art of negotiating as taught in this very first Wet Hot American Summer First Day of Camp clip. Lindsay (Elizabeth Banks) strikes a deal with J.J. (Zak Orth), and does so with a no-nonsense steeliness that’d do Jack Donaghy (her former TV husband from 30 Rock) proud.

Watch the first Wet Hot American Summer First Day of Camp clip after the jump.

Netflix debuted the Wet Hot American Summer First Day of Camp clip on YouTube. While we’ve already seenmultiplepromos for this comedy series, the clip offers a better sense of what the show will actually be like.

Part of the joke of Wet Hot American Summer: First Day of Camp is that it’s a prequel set two months before the original 2001 film, even though the actors are all 14 years older. But it’s actually kind of amazing how little some of these actors (ahem, Banks) seem to have aged, so that gag is going to be more pronounced with some characters than others.

Wet Hot American Summer: First Day of Camp hits Netflix with eight episodes on July 31.

Another valuable life lesson from Camp Firewood: The Art of Negotiating.

Join us July 31 for Wet Hot American Summer: First Day of Camp, a limited 8-episode series coming to Netflix. It’s the first day of camp in this outrageous prequel to the hilarious 2001 cult classic movie. And at Camp Firewood, anything can happen.

An all-star cast delivers big laughs in this irreverent spoof of summer camp and ’80s teenager movies. We’ve seen the last day of summer in the classic original film, now discover the events that shaped these iconic characters on the first day of Camp Firewood’s season.